Question
A shopkeeper buys an article for Rs. 3,200. He wants to make a 10% gain after offering a 20% discount on the label price. What should be the marked price of the article?
Solution
ATQ,
Selling price of article = 1.10 × 3,200 = Rs. 3,520
So, marked price of article = 3,520 / 0.80 = Rs. 4,400
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